This post is the second in a special blog series on the Microfinance Institution, SKS and it's IPO launch in partnership with CGAP. Over the coming weeks we’ll be featuring a variety of voices on the issues raised by the IPO. We welcome your participation in this discussion through comments.
This is the first time that I have knowingly contributed to a ‘blog’; hence I am not familiar with medium’s etiquette. Am I to oppose, to concur, or to add? I’ll try to do all three.
Steve Rasmussen poses a number of important questions; they are mostly about the future, and about clients, which is surely where our focus should be.
I shall not comment on the rights or wrongs, legal or ethical, of the ways in which the shareholdings of the SKS clients’ Mutual Benefit Trusts were handled; Professor Sriram has already covered that issue, very well.